05
May 2107

Crypto Awards
Winner
- decred -www.decred.org

7
Marketing

6.5
Ecosystem

6
Tech

6.5
Total

923

195

Marketcap

$ 85,726,264

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Project Info

Decred is an open and progressive cryptocurrency with a system of community-based governance integrated into its blockchain.

Technology

Decred uses a hybridized consensus system to strike a balance between miners* and users to create a more robust currency.

Typically, the miners who operate the infrastructure wield considerable influence while the users have relatively little sway. Decred allows users to participate in the project directly without the need for expensive mining hardware.

Development

Decred fosters a multi-stakeholder development ecosystem that welcomes and empowers participants who want to improve on existing features or build new tools.

Anyone can submit feature proposals, and developers are paid for work to fulfill requirements in full view of the community. Funding for this work comes directly from the Decred blockchain.

Governance

Decred is constructing a layered governance organization that extends beyond the miners and users to bring forward and represent insider and outsider voices in the community.

Decentralization is a process, and a decentralized ledger is only the first step in that process.

  • Tags: #Governance #POS #POW #Blockchain
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